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How much can you save with MEC?

How much can you save with MEC? Minimum Essential Coverage (MEC) is coverage that complies with ACA requirements. The Affordable Care Act (ACA) states that all employers with 50 or more full-time employees- Applicable Large Employers- are required to provide coverage to all eligible employees or they will be subject to fines/ penalties.

MEC plans generally cover preventative and wellness-related tests and treatments. These plans can be a great cost-effective option for larger employers. With a MEC plan, the premiums can be paid solely by the employers, the employee, or they can be co-funded. In order to be ACA compliant, employers must offer this coverage to all of their full-time or full-time equivalent employees.

How much can you save with MEC? Check out our calculator!

MEC Calculator

Learn more about Affordable Benefits, talk with one of our team members!

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  • business owners need to stay updated on aca updates in 2022What Business Owners Should Know About ACA Benefits in 2022March 27, 2022 - 10:39 am
  • employees who miss open enrollment may be subject to a year without insurance unless they experience a qualifying eventWhat Happens if Your Employee Misses Open Enrollment?February 20, 2022 - 3:23 pm

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